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Gold $3,271.92 $(11.9) -0.36% Silver $32.63 $0.23 0.72% Platinum $1,000.50 $2.34 0.23% Palladium $978.75 $3.65 0.37%

Zaner Daily Precious Metals Commentary

Zaner Daily Precious Metals Commentary

Even though the dollar has not posted a higher high for the move yet today it remains near breakout pricing and should remain a headwind against early gains in gold and silver.

While minimally lower US treasury yields provide a very small measure of week-ending short-covering activity, markets continue to lack a key internal fundamental driving force.

In retrospect, gold and silver withstood hawkish dialogue from three Fed members this week potentially signaling thinner and more orderly declines ahead...[MORE]

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